Cookie Policy - To find out more about cookies on this website, see our privacy policy

Cookie Policy

We Help Companies Find New Sales Opportunities

We Help Companies Find New Sales Opportunities

Evolution Group

Evolution Group, the London-based fund management firm, is to be acquired by Investec of South Africa for £233m, prompting speculation that up to 100 jobs could be lost.

Evolution Group is to acquire the UK private investment management operations of BNP Paribas Wealth Management for £25m, in order to expand its Williams de Broe business.

Evolution Group is to acquire the investment management business of Kaupthing Singer & Friedlander for undisclosed terms, with the transfer of about 40 staff to its London office.

Evolution Group is to acquire Williams de Broe, the investment bank with 250 staff, from ING Group for £15m.

Evolution Group's IP2IPO intellectual property subsidiary is to invest £5m in companies spun out from King's College London over the next five years, enabling King's to commercialise its expertise in medical research and life sciences.

Evolution has agreed to merge with Beeson Gregory in a £92m reverse takeover, creating one of the largest independent retail stockbroking groups.

Evolution Group is seeking acquisitions to expand its investment banking and asset management business over the next three months.